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AEON, KIP REIT Ink MoU For AEON Mall Kinta City's Expansion

KUALA LUMPUR, March 5 (Bernama) -- Aeon Co (M) Bhd has entered into a memorandum of understanding (MOU) with Pacific Trustees Bhd, the trustee of KIP Real Estate Investment Trust (KIP REIT) for the expansion of Aeon Mall Kinta City in Perak.

Midea Malaysia Eyes RM1 Bln Sales In 2025 As Demand For Smart, Energy-efficient Appliances Surges

BENTONG, March 3 (Bernama) -- Midea Scott and English Electronics Sdn Bhd (Midea Malaysia) is targeting RM1 billion in sales this year to sustain its double-digit growth momentum as demand for energy-efficient appliances surges.

MIFF Drives Malaysia’s Furniture Industry Growth - Johari

KUALA LUMPUR, March 1 (Bernama) -- The Malaysian International Furniture Fair (MIFF) has been instrumental in shaping and elevating Malaysia’s furniture industry, Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said.

ASEAN Economic Ministers Achieve Key Milestone By Endorsing Priority Economic Deliverables

By Niam Seet Wei, Norsyafawati Ab Wahab, Mohd Khairi Idham Amran, Ahmad Erwan Othman and Danni Haizal Danial Donald

KOTA TINGGI, March 1 (Bernama) -- The 31st ASEAN Economic Ministers' (AEM) Retreat, which ended Friday at One&Only Desaru Coast resort near here, achieved a significant milestone by endorsing a slew of economic initiatives, including all 18 Priority Economic Deliveràbles (PEDS) which are key towards achieving the ambitious ASEAN Economic Community.

Malaysia Optimistic ATIGA Upgrade Can Be Finalised By March 2025 - Tengku Zafrul

KOTA TINGGI, Feb 27 (Bernama) -- Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz is optimistic that negotiations on upgrading the ASEAN Trade in Goods Agreement (ATIGA) can be concluded in March, following positive developments resulting from discussions with ASEAN regional partners yesterday.

Mah Sing's Net Profit Rises To RM240.75 Mln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- Mah Sing Group Bhd's net profit for the financial year ended Dec 31, 2024 (FY2024) rose to RM240.75 million from RM215.29 million recorded in FY2023, demonstrating the resilient demand for its affordably priced and strategically located developments.

HLTF-EI Underscores ASEAN Needs To Accelerate Intra-regional Trade, Investments -- MITI Sec-gen

KOTA TINGGI, Feb 25 (Bernama) -- The 47th High-Level Task Force on ASEAN Economic Integration (HLTF-EI) that convenes for the second day today underscores the need for ASEAN to accelerate efforts in deepening intra-regional trade and investment to bolster economic resilience. 

PM Anwar To Visit Vietnam, Deliver Keynote Address At 2nd ASEAN Future Forum

HANOI, Feb 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will undertake a working visit to Vietnam where he will also deliver a keynote address at the 2nd ASEAN Future Forum on Wednesday.

ASEAN Economic Ministers' Retreat To Discuss Current Geopolitical Challenges Among Others - Tengku Zafrul

KUALA LUMPUR, Feb 24 (Bernama) -- The hosting of the upcoming 31st ASEAN Economic Ministers' Retreat on Feb 28 in Desaru, Johor will discuss various vital matters for ASEAN's economic integration, particularly under the theme of inclusivity and sustainability. 

Analysts Upbeat On MISC Cite Strong Cash Flow

KUALA LUMPUR, Feb 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on MISC Bhd, citing its steady operating cash flow and solid balance sheet, which position it well to pursue growth opportunities in the floating production storage and offloading (FPSO) market.

LBS Bina Shares Lower In Early Trade Despite Higher FY2024 Net Profit

KUALA LUMPUR, Feb 21 (Bernama) -- LBS Bina Group Bhd’s shares on Bursa Malaysia were lower in the early session, despite recording a higher net profit for the financial year ended Dec 31, 2024 (FY2024).

Penang Port’s Cargo Handling Increases To 32.33 Mln Fwt In 2024 - Hasbi

GEORGE TOWN, Feb 19 (Bernama) -- Penang Port continued its excellent performance in cargo handling in 2024, handling 32.33 million freight weight tonnes, an increase of 0.77 per cent.